Indonesian Political, Business & Finance News

Khofifah Awards Rp1.9 Billion to Top 10 Village Cooperative Units in East Java

| Source: ANTARA_ID Translated from Indonesian | Economy
Khofifah Awards Rp1.9 Billion to Top 10 Village Cooperative Units in East Java
Image: ANTARA_ID

Surabaya, East Java (ANTARA) - East Java Governor Khofifah Indar Parawansa has awarded development funds totalling Rp1.9 billion to the ten best-performing Red-and-White Village/Neighbourhood Cooperatives (KDKMP) in East Java.

She said the ten cooperatives recorded the highest transaction values in East Java, with a total of Rp14.05 billion.

“Ten KDKMP have recorded the highest transaction values in East Java and will receive development funds from the East Java Provincial Government amounting to Rp1.9 billion,” she said in a statement in Surabaya on Tuesday.

Khofifah said the first to third-ranked KDKMPs will each receive Rp300 million, namely the Pucangan Village Cooperative (KDMP) in Montong Subdistrict, Tuban District; KDMP Tukangkayu in Banyuwangi Subdistrict, Banyuwangi District; and KDMP Karangagung in Palang Subdistrict, Tuban District.

The fourth to sixth-ranked cooperatives will each receive Rp200 million, namely KDMP Rengel in Tuban District, KDMP Bakalanwringinpitu in Sidoarjo District, and KDMP Dapet in Balongpanggang, Gresik District.

Meanwhile, the seventh to tenth-ranked cooperatives will each receive Rp100 million: KDMP Gesikharjo in Tuban District, KDMP Bedali in Kediri District, KDMP Tangunan in Mojokerto District, and KDMP Tlogoagung in Bojonegoro District.

In addition, Khofifah will present the Jer Basuki Mawa Beya badge to Tuban Regent Aditya Halindra Faridzky for his role in supporting a conducive business climate for KDMP operations in Tuban.

She explained that Tuban’s cooperatives dominated the best transaction results financially, with four of the district’s cooperatives among the top ten KDKMP transactions in East Java.

Indeed, the accumulated transaction value of Tuban’s KDMPs exceeded the total transactions of village cooperatives in several provinces, including Yogyakarta, Central Java, West Java, Jakarta and Banten.

Khofifah said the great attention given to cooperatives reflects their role, together with SMEs, in contributing 60 per cent to East Java’s economic growth, which reached 5.9 per cent in the first quarter of 2026.

“The role of cooperatives and SMEs in East Java is extraordinary. Let us preserve it together and improve their governance so that cooperatives become ever more modern and professional,” she said.

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